Michael Clayton Riebe - Nov 5, 2021 Form 4 Insider Report for Veritex Holdings, Inc. (VBTX)

Role
Chief Credit Officer
Signature
/s/ C. Malcolm Holland, III, by power of attorney
Stock symbol
VBTX
Transactions as of
Nov 5, 2021
Transactions value $
$0
Form type
4
Date filed
11/9/2021, 04:29 PM
Next filing
Dec 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VBTX Common Stock Options Exercise $425K +10K +40.66% $42.53 34.6K Nov 5, 2021 Direct
transaction VBTX Common Stock Tax liability -$425K -10K -28.91% $42.53 24.6K Nov 5, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VBTX Employee Stock Option (right to buy) Options Exercise $0 -10K -100% $0.00* 0 Nov 5, 2021 Common Stock 10K $14.82 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 30, 2016, the reporting person was granted 10,000 stock options that vest in five equal annual installments beginning March 30, 2017.

Remarks:

The transactions reported above in Table I reflect the cashless exercise of stock options. The cashless exercise for each set of options is reported in two lines. The first line of the cashless exercise transaction is coded M in column 3 of Table I and reports in column 4 the number of shares issuable upon exercise of the options had cash been paid to exercise the options, together with the exercise price with Code A for acquired. The line coded F in column 3 of Table I relates to the same cashless exercise on the preceding line and reports in Column 4 the number of shares deducted from the total number of shares issuable to pay for the cashless exercise of such options with Code D for disposed. The transactions reported in Table II above, reflect the disposition of the same stock options whose cashless exercise is disclosed in Table I above.